China’s JD.com to invest $800 million in Dada Group
By Syndicated ContentMar 22, 2021 | 7:45 AM
(Reuters) – Chinese e-commerce firm JD.Com said on Monday it will invest $800 million in Dada Group, giving it a 51% stake in the Chinese on-demand delivery platform.
(Reporting by Eva Mathews in Bengaluru; Editing by Shailesh Kuber)